Feds Block Illinois Ban: National Banks Charge Fees Again
Published Date: 4/29/2026
Notice
Summary
The government says Illinois can’t stop national banks from charging fees on certain parts of card payments, like taxes and tips. This change starts June 30, 2026, and affects banks and customers in Illinois by allowing these fees again. People have until May 29, 2026, to share their thoughts on this decision.
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Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Banks May Keep Using Transaction Data
The OCC concluded that Illinois may not bar national banks and Federal savings associations from using payment card transaction data for purposes beyond the merchant's own use (for example, fraud detection and risk management). That preemption is effective June 30, 2026 and applies to national banks and Federal savings associations.
Banks Can Charge Fees on Tax and Tips
The OCC concluded that Illinois may not prohibit national banks and Federal savings associations from charging or receiving interchange fees on the tax and gratuity (tip) portions of payment card transactions. This determination takes effect June 30, 2026, and the IFPA had imposed a $1,000 civil penalty per violating transaction.
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